Charles Schwab Foundation – a private, nonprofit organization created by The Charles Schwab Corporation – helps individuals and families achieve financial well-being through education, volunteerism, and advocacy.
- Whom We Serve: Employees, nonprofit organizations and various local communities
- Management: Carrie Schwab-Pomerantz, President
- Locations: Headquartered in San Francisco and serving communities across the United States.
- History: Founded in 1993
- Websites: www.aboutschwab.com/community and www.schwabmoneywise.com
Schwab provides financial support to qualifying nonprofit organizations in a variety of ways – through direct grants, event sponsorships and employee matching gifts. Since its founding in 1993, Charles Schwab Foundation has made contributions averaging $4 million a year to more than 2,300 nonprofit organizations. Through the separate Schwab Community Services organization, the company also promotes financial literacy and volunteerism.